Session Type: Recorded Webinar
Knowledge Element: Supply Chain Management
Speaker: Rob Handfield, Bank of America University Distinguished Professor of Supply Chain Management at North Carolina State University, and Director, Supply Chain Redesign LLC.  
Duration: 60 minutes

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Supply chains go back to Marco Polo and earlier. As long as humans have traded goods, supply chains have existed. The real issue is whether companies will choose to manage their supply chains, or abdicate this responsibility to other entities. For thousands of years businesses have depended on Adam Smith’s “invisible hand to optimize supply chains.” Think about it. From the silk worm raiser in China to the cloth seller in Venice, each element of the supply chain tried to optimize his individual gain by negotiating with direct suppliers to keep his costs down, and with individual customers to maximize his income. That was fine, up to a point. Today we have countless examples of how managing the multiple tiers of a supply chain can improve efficiency and quality, not by small amounts, but by huge amounts — 30 to 40 percent improvements are not impossible.

This webinar is intended to provide participants with a general overview of supply chain management (SCM) concepts. For some of you, this may be a review, while these concepts may be novel for others. We will begin by identifying what the supply chain looks like. Next we’ll discuss key participants in the enterprise’s supply chain, identify factors driving organizations to consider SCM strategies, and the challenges. We’ll also provide examples of companies identified as leaders in this area.

This will lead to a discussion on why SCM is important – and its impact on financial performance, customers, and our ability to do our jobs.

Learning Objectives:

• Improve their knowledge of the key components of the supply chain
• Improve knowledge of supply chain and inventory models 
• Describe key components of the supply chain 
• Understand supply chain and inventory models 
• Improve knowledge of supply chain constraints that impact material and product throughput and their mitigation strategies 
• Knowledge of contributors to market projections and supply chain strategy for product

Who Should Attend:

• Professionals who are responsible for the implementation and management of inbound or outbound shipments 
• Suppliers and others who involved in inbound or outbound shipments

Speaker Biography

Robert B. Handfield is the Bank of America University Distinguished Professor of Supply Chain Management at North Carolina State University, and Director of the thought-leadership group Supply Chain Redesign LLC. He is a world-renowned researcher and consultant in supply chain management, new product development, and e-business. Handfield's research focuses on benchmarking best practices in supply chain business processes. He has written several research reports for the Center for Advanced Purchasing (CAPS), and has published research in journals such as the Sloan Management Review, California Management Review, Journal of Operations Management, Decision Science, Journal of Supply Chain Management, Journal of Business Logistics, and IEEE Transactions in Engineering Management. He also serves as editor-in-chief of the Journal of Operations Management, SCM columnist for APICS: The Performance Advantage, and serves on the editorial board of the Supply Chain Management Review, Decision Sciences and the Journal of Supply Chain Management. He is the author of five books on strategic sourcing and supply chain management. He is a frequent speaker at professional conferences, and has extensive consulting experience with a number of international organizations.

What is a Recorded Webinar?

Previously held webinars are available as recorded sessions, which you can view at your convenience. Registration orders are processed within two business days, after which participants will receive an e-mail confirmation with a link to the Recorded Webinar. After receiving the link to the Recorded Webinar, you have 15 days to view it.

What are CPIP^SM Recorded Webinars?

CPIP^SM Recorded Webinars are a group of Recorded Webinarswas developed to help individuals in preparation for the Certified Pharmaceutical Industry Professional^SM (CPIP^SM) examination..

The Certified Pharmaceutical Industry Professional^SM (CPIP^SM) credential recognizes “change agents” as the necessary ingredient to foster industry innovation and enhance drug product quality. The credential establishes a global competency standard for industry professionals, and candidates are assessed through demonstrated education, experience, and a rigorous examination. Completion of any of these seminars does not guarantee successful completion of the CPIP certification exam, and these seminars do not include every subject to the depth of what will be covered on the CPIP exam.

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